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CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

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SolanaBeach_Beachwalk

CBRE National Retail Partners West Completes $33.25 Million Sale of BeachWalk in Solana Beach

CBRE’s John Read announced that his National Retail Partners – West (NRP-West) team along with Reg Kobzi in CBRE’s San Diego office completed the sale of BeachWalk, a 54,973 square-foot coastal retail center in the city of Solana Beach, Calif. Situated along Highway 101, the property is steps to the Pacific Ocean, walking distance to the Cedros Design District and Amtrak Train Station, and less than a mile from the world famous Del Mar Fairgrounds, site of the Del Mar Racetrack. The sale price was $33.25 million
SilverLakeCollection

CBRE’s Philip D. Voorhees and NRP-West Team Complete Silver Lake Collection Sale for $13.30...

CBRE Executive Vice President Philip D. Voorhees announced today that he and his National Retail Partners – West (NRP-West) team completed the sale of Silver Lake Collection, 10,497 square-feet of urban street-front in the Silver Lake enclave in the city of Los Angeles, Calif. Situated in “Sunset Junction,” the property is 100% leased to three contemporary restaurant and beverage tenants. The sale price was $13.30 million. More...
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CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Southgate Plaza in Sacramento,...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of Southgate Plaza, a 339,369-square-foot grocery-anchored shopping center in Sacramento, Calif., leased to three high-performing grocers, Walmart Neighborhood Market, 99 Ranch Market and 99 Cents Only, along with a complementary mix of co-tenants including, Ross Dress for Less, Skechers, Baskin Robbins, Sally Beauty, Payless Shoe Source, Chase Bank, Farmer & Merchants Bank, Taco Bell, H&R Block and others.
Taco Bell_San Diego

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Taco Bell and Shops...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Taco Bell and Shops, a 18,175-square-foot, strip center in the city of San Diego, Calif., leased to a synergistic mix of food and service tenants, including Taco Bell, El Pollo Loco, Pick Up Stix, AT&T and T-Mobile. The sale price was $14 million, representing a 5.0% cap rate.
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CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Target Outpad and Retail...

CBRE Executive Vice President Philip D. Voorhees announced today that he, Jimmy Slusher and their National Retail Investment Group – West (NRIG-West) team completed the sale of the Shops at Stonecreek Plaza, a 52,171-square-foot strip center in the city of Los Banos, Calif., leased to a synergistic mix of regional and local tenants including Petco, Famous Footwear, Dollar Tree, GNC, Metro PCS, Wingstop and a drive-thru Starbucks. The sale price was $12 million, representing a 7.1% cap rate

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of High Quality Retail Center...

CBRE Executive Vice President Philip D. Voorhees and Jimmy Slusher announced today that the National Retail Investment Group – West (NRIG-West) team completed the sale of The Terrace, a two-level, 39,634-square-foot shopping center with structured parking in the city of Newbury Park, Calif. Leased to a complementary mix of 12 restaurant, retail and athletic-focused uses, tenants at The Terrace include: Orangetheory Fitness, Hot Yoga 1000, Road Runner Sports, Bottle and Pint, and others.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete Sale of Community Center in Tacoma,...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of Lincoln Plaza, an 80,922-square-foot community shopping center in the city of Tacoma, WA, leased to a complementary mix of retail, service and restaurant tenants including Big 5, Jared The Galleria Of Jewelry, Men’s Warehouse, Skechers, Starbucks, Wingstop, Sprint and others. The sale price was $26.7 million. The property was approximately 95% occupied at the time of sale.

CBRE’s Philip D. Voorhees and NRIG-West Team with CBRE’s Net Leased Property Group Team...

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) and CBRE’s Net Leased Property Group teams are pleased to exclusively offer for sale, the Consolidated Tomoka Portfolio. This 100% leased offering consists of 14 single-tenant assets totaling 129,400 square feet.

CBRE’s Philip D. Voorhees and NRIG-West Team Complete McCalla Centre Sale

CBRE Executive Vice President Philip D. Voorhees announced today that he and the National Retail Investment Group – West (NRIG-West) team completed the sale of McCalla Centre, a 110,620-square-foot neighborhood shopping center in the city of Santa Ana, Calif., anchored by a high-performing Northgate Market and CVS/pharmacy, along with a synergistic mix of retail and shop tenants. The sale price was $31,800,000, representing a 3.76% cap rate on high occupancy.

CBRE’s Philip D. Voorhees, Todd Goodman and NRIG-West Team along with Mike Moser of...

CBRE Executive Vice Presidents Philip D. Voorhees and Todd Goodman announced today their National Retail Investment Group – West (NRIG-West) team, together with Mike Moser of Retail Insite, completed the sale of Scripps Ranch Marketplace Phase II, a 28,700-square-foot shopping center in San Diego, Calif. The property is shadow anchored by a Vons and CVS/pharmacy (both were not part of the sale), along with Chase, Verizon, Which Wich and a synergistic line-up of local retail favorites. The sale price was $20.45 million, representing a 5.0% cap rate

CBRE SELLS 77,705-SF, MULTI-TENANT RETAIL CENTER IN PEMBROKE PINES

CBRE arranged the sale of Palm Square, a 77,705-square-foot, multi-tenant retail center located at 9801-9965 Pines Boulevard in Pembroke Pines, Florida. Bar Invest Group, Inc. purchased the property for $17,600,000. The seller was Pebb Enterprises, LLC, which hired CBRE to market the asset for sale and negotiate the transaction

Just Closed – Bend Memorial Clinic Medical Building

The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Bend Memorial Clinic Medical Building in Bend, Oregon. Chris Bodnar and Lee Asher of the U.S. Healthcare Capital Markets Group teamed with Paul Carr, Steven Perovich, and Marcus Yamamoto in the Northwest market as the Seller’s exclusive advisor

CBRE ARRANGES $63M+ LOAN FOR ACQUISITION OF OFFICE BUILDING AT HEART OF NATION’S...

CBRE Capital Markets’ Debt & Structured Finance team originated $63.56 million in financing for the acquisition of a 195,624-square-foot office building at 2025 M Street in the heart of Washington, D.C. RAIT Financial Trust of Philadelphia, Pennsylvania, provided the 10-year loan at an aggressive rate with three years interest only

CBRE ARRANGES SALE OF PRIME ORLANDO OFFICE PROPERTY

CBRE arranged the sale of a 42,277-square-foot Class A office property located at 7208 W. Sand Lake Road, Orlando, FL. Cardinal Point Management, LLC acquired the three-story Sand Lake Southwest building from an affiliate of Highwoods Properties for an undisclosed amount. CBRE represented the seller

CBRE ARRANGES $71M+ BRIDGE LOAN FOR BOCA OFFICE PORTFOLIOCBRE ARRANGES $71M+ BRIDGE LOAN FOR...

CBRE Capital Markets’ Debt & Structured Finance originated $71.57 million in financing for an office property portfolio encompassing 330,438 square feet at two of the most recognizable buildings in Boca Raton, Florida. The Boca Glades Portfolio includes two Class A institutional-quality office buildings: The Plaza, located at 5355 Town Center Road, and One Town Center, located at 1 Town Center Road.

CBRE to market Palm Beach “Banker’s Row” offices at 250 royal palm way

CBRE has been exclusively engaged by Ivy Realty Services to lease and market a Class A office building in the prestigious Royal Palm Way corridor of Palm Beach, Florida. With 25,000 square feet, 250 Royal Palm Way resides along the island’s “Banker’s Row,” which is home to some of the world’s most renowned names in banking, financial advisory and professional services.

CBRE closes $8.6m sale of lake worth medical office campus

CBRE arranged the sale of Concept 2 Towers, two six-story medical office towers encompassing 101,136 square feet at 2290 and 2328 10th Avenue North in Lake Worth, Florida. Concept 2 Towers was acquired by KAS Datura LLC for $8.6 million. CBRE represented the seller, CD Parking, Inc

CBRE ARRANGES $2.5M SALE OF 10+ INFILL ACRES IN LAUDERHILL

CBRE arranged the sale of a 10.35-acre development opportunity at the northwest corner of Sunrise Blvd. and US 441/SR 7 in Lauderhill, Florida, across from the newly developed Lauderhill Performing Arts Center & Library and the Central Broward Regional Park. The Amera 441 parcel was acquired for $2.5 million from Eagle FL I SPE, LLC by Cricket Club Lauderhill, LLC, whose principals are Alan Benenson and Michael Sher. The purchaser has plans to redevelop the infill asset into a 160-unit townhome community

CBRE ARRANGES SALE OF CENTRAL FLORIDA INDUSTRIAL PROPERTY

CBRE arranged the sale of a 706,560-square-foot distribution building located at 19925 Independence Boulevard in Groveland, FL. Louisville, Colorado-based Real Capital Solutions acquired the building from Magnolia Partners LTD. CBRE represented the seller in the transaction.

CBRE ARRANGES $95M IN FINANCING FOR ACQUISITION OF 1.6 MILLION-SQUARE-FOOT OFFICE PORTFOLIO

CBRE Capital Markets’ Debt & Structured Finance team originated $95 million in financing for the acquisition of a portfolio of five single-tenant office properties, totaling 1.6 million square feet, located in Georgia, North Carolina, South Carolina and Virginia.

Latest CBRE Press Releases

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CBRE’s Philip D. Voorhees, Reg Kobzi and NRP-West Team Represent Seller...

CBRE Vice Chairman Philip D. Voorhees announced this week that the National Retail Partners-West (NRP-West) completed the sale of San Marcos Village in San Marcos, Calif., a grocery/discount-anchored neighborhood center with key access and visibility